SYNERGY HEALTH (UK) LIMITED
Company number: 00979716
Reporting period:
1 October 2020 to 31 March 2021
Report filed on:
23 April 2021
Approved by:
Karen Burton
Payment statistics
Average time taken to pay invoices: 65 days
Invoices paid:
- within 30 days: 24%
- in 31 to 60 days: 55%
- in 61 days or more: 21%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 43%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
60 days
Standard payment terms
Net 60
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
90 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
Complaints or concerns relating to disputes about payments should be directed in writing to the Purchase Ledger team (Accounts Payable) at Purchase_Ledger@steris.com. We will endeavor to address with your email within 48 hours. In the event that a response is not forthcoming, the dispute can be escalated to the UK & Ireland Financial Controller and ultimately to the STERIS plc group Controller.
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Fair Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
No
Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
No
Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No